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Last Updated: Thu, Apr 28 2016 | 9:48 AM |
Citi said to drop out of $1.5bn financing of Americana sale
Banking & Finance»

Citi said to drop out of $1.5bn financing of Americana sale

Thursday, 28 April 2016 1:48 PM

Sources say US bank has failed to secure internal approval for deal related to Kuwaiti Food Co

Kuwait's KNPC signs $3.98bn loan with local banks – chairman
Banking & Finance»

Kuwait's KNPC signs $3.98bn loan with local banks – chairman

Thursday, 28 April 2016 11:17 AM

Part of the country's 30 billion dinar economic development plan, the Clean Fuels Project will upgrade and expand two of the Gulf Arab state's largest existing refineries

China's Greenland HK launches $8bn fund with Kuwait
Banking & Finance»

China's Greenland HK launches $8bn fund with Kuwait

Tuesday, 26 April 2016 4:53 PM

Joint real estate fund would invest in a range of high-end residential and commercial properties

Kuwait's KIPCO Q1 net profit climbs 13% on higher revenue
Banking & Finance»

Kuwait's KIPCO Q1 net profit climbs 13% on higher revenue

Tuesday, 26 April 2016 3:19 PM

KIPCO is a regional investment house with stakes in media, industrial, financial and real estate companies

Kuwait's Jazeera Airways says debt-free, plans $10m dividend
Transport»

Kuwait's Jazeera Airways says debt-free, plans $10m dividend

Friday, 22 April 2016 12:28 AM

Airline chairman Marwan Boodai says balance sheet 'has never been as strong as it is today'

Kuwait's KFH posts 14% rise in Q4 net profit
Banking & Finance»

Kuwait's KFH posts 14% rise in Q4 net profit

Wednesday, 20 April 2016 2:44 PM

Country's biggest Islamic lender sets aside less cash for bad loans and recorded lower expenses

National Bank of Kuwait reports Q1 profit slide on lower investment income
Banking & Finance»

National Bank of Kuwait reports Q1 profit slide on lower investment income

Sunday, 17 April 2016 4:17 PM

The bank made a net profit of $261.6 million in the three months to Mar 31

Unit of Kuwait's NBK invests in Saudi restaurants chain
Banking & Finance»

Unit of Kuwait's NBK invests in Saudi restaurants chain

Friday, 15 April 2016 10:15 AM

NBK Capital Partners announces investment into Amo Hamza, the seafood casual dining chain in Saudi Arabia

Saudi Arabia set to drive $900bn MENA energy projects spend
Energy»

Saudi Arabia set to drive $900bn MENA energy projects spend

Tuesday, 12 April 2016 2:22 PM

New report says UAE and Kuwait will also be prominent investors in energy sector over the next five years

Kuwait Finance House gets approval to lend $1.6bn to KNPC
Banking & Finance»

Kuwait Finance House gets approval to lend $1.6bn to KNPC

Tuesday, 12 April 2016 12:49 PM

FH would lend funds to Kuwait National Petroleum Company for its Clean Fuels Project

The Gulf's sovereign dilemma
Banking & Finance»

The Gulf's sovereign dilemma

Saturday, 9 April 2016 12:15 AM

With oil prices still faltering around their lowest level in 11 years, many GCC governments are drawing down assets from their once swelling sovereign wealth funds to plug budget deficits. Yet this is having a knock-on impact on global markets

Kuwait's Americana to seek shareholder nod to issue bonds
Banking & Finance»

Kuwait's Americana to seek shareholder nod to issue bonds

Thursday, 7 April 2016 4:25 PM

Banks and companies in the Gulf are increasingly looking to issue bonds and sukuk amid liquidity squeeze

Kuwait gov't said to plan $6.6bn bond issue
Politics & Economics»

Kuwait gov't said to plan $6.6bn bond issue

Monday, 4 April 2016 2:08 PM

Finance ministry has reportedly asked the central bank to arrange the issuance

Ooredoo Kuwait inks $36m deal to buy internet provider
Technology»

Ooredoo Kuwait inks $36m deal to buy internet provider

Saturday, 2 April 2016 12:52 PM

Telecoms operator buys 99% of FASTtelco to boost broadband and mobile services

Iraqi appeals court upholds $187m Zain tax ruling
Technology»

Iraqi appeals court upholds $187m Zain tax ruling

Thursday, 31 March 2016 4:43 PM

Local unit of Kuwait's Zain must pay a tax bill related to the acquisition of a rival operator from Egypt's Orascom Telecom


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